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$1,550,000

Active Listing ID O6429349
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11 bed
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7,176 square feet
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10.00 Bath (10 Full)
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Lot: 0.23 Acres
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Quadruplex

$1,550,000

Active Listing ID O6429349
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INVESTMENT OPPORTUNITY - 11-UNIT CONDO PORTFOLIO NEAR UCF! Offered at $1, 550, 000, this income-producing portfolio is located within the established Waterford Landing community in East Orlando, convenient to the University of Central Florida, Research Park, Waterford Lakes Town Center, shopping, dining and major roadways. The portfolio consists of 11 individually deeded condominium units, including 10 tenant-occupied units and 1 vacant unit, with three floor plans ranging from 583 to 810 square feet. Current lease expirations are staggered through October 2027, providing an investor with continued rental income while allowing future renewals and rental placement to occur over time. Upcoming-vacancy units may be simultaneously marketed for sale and lease. The portfolio currently generates scheduled rental income of approximately $14, 305 per month / $171, 660 annually. Based on normalized recurring operating expenses, the portfolio generates an estimated NOI of approximately $104, 552, representing an estimated 6.75% cap rate at the current asking price. Normalized NOI separates recurring repairs and maintenance from major capital replacements and non-recurring turnover expenses to provide a clearer representation of ongoing operating performance. Waterford Landing offers two community pools, clubhouse, fitness center, racquetball and lake access. Monthly condominium association assessments vary by unit size and currently range from approximately $209 to $290 per unit. Association fees include water, sewer, trash, common-area maintenance and other association-covered services, while tenants are responsible for electricity. Acquiring multiple units within a single established community provides diversification across multiple tenants and lease expiration dates while retaining the flexibility of individual condominium ownership. The portfolio's proximity to UCF, Research Park and major Central Florida transportation corridors supports an established rental location with long-term investment potential. Portfolio sale preferred; seller may consider alternative purchase structures or a smaller grouping of units depending upon terms. Units are also offered for sale individually. Please refer to the separate MLS listings for current individual unit details, occupancy status and availability. Please refer to the included Tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale. Contact the Listing Agent for additional financial information.

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 10
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1550000
  • postalcity: ORLANDO
  • stateorprovince: FL
  • country: US
  • postalcode: 32826
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 7176
  • livingareaunits: Square Feet
  • listagentfullname: Christina Nelson
  • listagentemail: christinanelson@legendsre.com
  • listagentkey: 3yd-MFRMLSFL-261200439
  • listagentmlsid: 261200439
  • listagentpreferredphone: 4077052481
  • listagentofficephone: 4073836112
  • listofficekey: 3yd-MFRMLSFL-261011249
  • listofficemlsid: 261011249
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1989
  • listingcontractdate: 2026-07-29
  • listagentfax: 4079102436
  • listagenturl: http://centralflrentals.com
  • countyorparish: Orange
  • appliances: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Stucco, Frame
  • heating: Central
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Open
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • interiorfeatures: Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • exteriorfeatures: Balcony
  • windowfeatures: Blinds
  • rooms: Bathroom 5, Dining Room, Bedroom 7, Bathroom 4, Bathroom 7, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 9, Bathroom 6, Bathroom 9, Bathroom 2, Bedroom 4, Bedroom 10, Bedroom 2, Bedroom 3, Bedroom 11, Bathroom 1, Bedroom 8, Bathroom 8, Bathroom 10, Bedroom 1
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Legends Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"danlopez@legendsre.com", "ListBrokerageCity":"Lake Mary", "ListBrokerageCountry":"US", "ListBrokerageEmail":"DanLopez@LegendsRE.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/41f0e4318b8a11e2922212313800b801k-c3946035115r.png", "ListBrokerageName":"Legends Realty", "ListBrokeragePhone":"(407) 333-1010", "ListBrokeragePostalCode":"32746", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"290 Waymont Ct.", "ListBrokerageWebsiteUrl":"http://www.LegendsRE.com", "ListOfficeAddress1":"290 Waymont Ct #100 ", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"261011249", "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"danlopez@legendsre.com", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, ORLANDO, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2550-N-Alafaya-Trl_Orlando_FL_32826_M99141-92736?f=listhub&s=MFRMLSFL&m=O6429349&c=rexren", "MLSModificationTimestamp":"2026-09-27 00:04:09", "Neighborhoods":[{"Description":null, "Name":"WATERFORD LNDG CONDO"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":25321, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/8/2026 8:47:25 PM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Christina Nelson, LEGENDS REALTY, christinanelson@legendsre.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.